Deal vs deal? US, China trade calls to honour commitments before Xi-Trump summit

🌐 South China Morning Post (Hong Kong) —
Deal vs deal? US, China trade calls to honour commitments before Xi-Trump summit

AI Summary

US and Chinese officials discussed honoring existing trade commitments ahead of a planned Trump-Xi summit. Washington pressed Beijing on agricultural purchases and rare-earth exports, while Beijing urged the US to implement reciprocal tariff cuts covering $30 billion in products per side.

During a video call on Friday, US Trade Representative Jamieson Greer and Treasury Secretary Scott Bessent urged Chinese Vice-Premier He Lifeng to uphold China’s previous commitments on agricultural goods and rare earth exports. A day earlier, Beijing reminded Washington to implement another deal – reciprocal tariff cuts covering US$30 billion worth of products on each side – as a precondition to buying more American farm products. Just days before President Donald Trump meets Chinese leader Xi...

World Politics Markets Commodities US-China trade tariffs agricultural goods rare earths trade commitments Trump-Xi summit

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